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Global Currency

Gold Is the True Reserve Currency

Michael Pento | Posted 10.05.2011 | Business
Michael Pento

The reliance upon the U.S. dollar as the world's reserve currency and "safe haven" asset has created a perverse, but deeply entrenched, mindset among global investors.

New Global Currency Is Gold Sell Signal

Robert Lenzner | Posted 05.25.2011 | Business
Robert Lenzner

No one can predict the timing, but the signal to sell all your gold will be an emergency economic meeting to create a new global currency.

Economic 9-11: Did Lehman Brothers Fall or Was It Pushed?

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

Why was Bear Stearns saved from bankruptcy but Lehman Brothers was not? How could the decision makers not realize the dire consequences of letting Lehman go down?

Banana Ben Strikes Again

Michael Pento | Posted 05.25.2011 | Business
Michael Pento

The world's reserve currency can't inflate its way to prosperity. The danger of causing a disorderly decline of the dollar is very high.

The Yen, the Yuan and the Yunus

Jaime Pozuelo-Monfort | Posted 05.25.2011 | Business
Jaime Pozuelo-Monfort

A global currency would allow emerging economies to borrow in their own currency, avoid currency mismatches and the extreme poor can trade with each other without being exposed to currency risk.

The Coming Demise of the Dollar Reflects the Rise of the Rest

Nathan Gardels | Posted 05.25.2011 | Business
Nathan Gardels

I spoke with Joseph Stiglitz about the momentous power shift taking place as we sift through the debris of America's busted credit bubble.

Harry Potter and the Quest for the Enchanted Currency

Patt Morrison | Posted 05.25.2011 | Comedy
Patt Morrison

If the day comes that we do convert to a new global currency, here is how we bypass all the rancor and nationalism and factionalism: We embrace the Golden Galleons.

Will Obama Trash the Dollar and Support a Global Currency?

Eben Esterhuizen | Posted 05.25.2011 | Business
Eben Esterhuizen

A global currency might be attractive to central banks looking for an alternative to the U.S. dollar, but it won't be an easy adjustment for the U.S., the country that will likely feel the most pain.

Theoretical Currency: One Essential Step in Addressing the Global Financial Crisis.

MJR Montoya | Posted 05.25.2011 | Business
MJR Montoya

It has been a year since we have been aware of the severe financial downturn that has crippled the global economy. Since then, banking systems, finan...

China and Currency Manipulation

Sam Black | Posted 05.25.2011 | World
Sam Black

Going after China "aggressively" on its exchange rate policy would not be wise. It won't help address the job losses which have made this a hot issue, and it will strain relations with a major world power.

How To Turn A Weak Dollar Into A Pile Of Cash

Washington Post | Nell Henderson | Posted 05.25.2011 | Home

Oh, the amazing shrinking dollar. The U.S. currency tumbled last week to a record low after the Federal Reserve cut interest rates, continuing the do...